NBS strengthens core capital position

Speaking at the mortgage lender’s 10th anniversary celebrations, Reserve Bank of Zimbabwe (RBZ) director of Banking Supervision Philip Madamombe said address­ing the country’s housing challenges required cooperation between the public and private sectors.

THE National Building Society (NBS) recorded a 44 percent surge in core capital to US$57 million for the year ended December 31, 2025, driven by retained earnings and a capital injection from its shareholder, the National Social Security Authority (Nssa). The core capital position remains well above the Reserve Bank of Zimbabwe’s regulatory minimum of…

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